The Philippines has not yet restarted its talks on possible joint oil exploration with China, although it may be "forthcoming," especially amid the looming oil crisis brought by the Middle East conflict. Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro made the pronouncement on...
Senator Imee Marcos raised concerns over the government’s preparedness, warning that the country may be leaning too heavily on short-term relief instead of pursuing a clear energy strategy. "Having taken a month to realize that war had broken out and nothing was 'normal ' after all,...
Philippine Airlines (PAL) said it has shored up its jet fuel reserves for the “foreseeable future,” seeking to calm markets after President Marcos warned that the regional energy crisis could potentially ground the country’s carriers. In a statement on Wednesday, March 25, the flag carrier,...
President Marcos and Japanese Prime Minister Takaichi Sanae agreed to work closely for the early de-escalation of tensions in the Middle East, with particular focus on ensuring safe navigation in the Strait of Hormuz. The agreement was reached during a 20-minute telephone meeting on March 24,...
Senator Loren Legarda, on Tuesday, March 24, expressed frustration with the Department of Energy (DOE) over its reasoning in being unable to secure congressional approval for the use of supplemental funds by the Philippine National Oil Company (PNOC). During the first organizational meeting of the...
The Philippines is now under a state of national energy emergency. President Marcos has signed Executive Order No. 110, declaring a state of national energy emergency in light of the ongoing conflict in the Middle East which has impacted the "availability and stability" of the country 's...
An energy official on Tuesday, March 24, disclosed the possibility of supply disruptions in a worst-case scenario tied to escalating tensions in the Middle East. During the first organizational meeting of the Senate Proactive Response and Oversight for Timely and Effective Crisis Strategy...
Senate President Pro Tempore Panfilo “Ping” Lacson is pushing for a shorter time for the President before suspending—or restoring—the excise tax on fuel upon the recommendation of the Development Budget Coordination Committee (DBCC). Lacson suggested this on Tuesday, March 24 saying it is...
The Department of Social Welfare and Development (DSWD) on Tuesday, March 24 reassured public utility vehicle (PUV) drivers that its cash relief assistance (CRA) program has enough funds to continue, amid false reports that the agency had run out of money. “There is no truth to the claim that...
The Metro Manila Council (MMC) announced that oil tankers and other vehicles used in the delivery of basic commodities are now exempted from the truck ban and the number coding scheme starting Tuesday, March 24, to expedite the transportation of such goods in Metro Manila. Metropolitan Manila...
The Philippine National Police (PNP) is now readying its personnel and resources for possible involvement in assisting the Crisis Committee being set up by the national government to respond to the adverse effects of the Middle East tensions in the country. PNP chief Gen. Jose Melencio C....
President Marcos has thanked the drivers and operators of public utility vehicles (PUV) for "being part of the solution" to overcome the impacts caused by oil price hikes, urging them to continue doing so. Marcos made the call as he announced the provision of a P10,000 fuel subsidy for each bus...
